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Business Performance Management in 2010, Part 1

Tuesday, December 8, 2009

Business performance management (BPM) has come a long way in the past several years. If someone took a look at BPM five years ago and again today, they probably wouldn't recognize it. As is often the case though, as much as things change, there are also many aspects that remain the same. In the case of business performance management, many of the same challenges that have existed from day one are still with us. Let's took a look at the state of BPM as we enter 2010.

What is business performance management? Five years ago BPM was primarily focused on addressing the budgeting and planning needs of the finance department. For information technology (IT), business performance management meant graphically displaying information from a data warehouse in a performance dashboard. While BPM has grown significantly beyond its humble beginnings, some in finance and IT still view it as budgeting and/or dashboards.

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